NOT LISTED FOR SALE

4601 Atlantic Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $953,000 - $1,556,000

9 Beds
7 Baths
4,968 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $595,000 $120 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,839/month

147 Days on Market

Highlights

  • Multiple Fireplaces
  • Cathedral Ceiling
  • Corner Lot
  • Marble Flooring
  • Tudor Architecture
  • 3 Car Detached Garage

About This Home

As of May 2021

WELCOME TO THE 17 ROOM LANDMARK “CHELSEA MANOR”! LOCATED JUST 1 BLOCK FROM THE OCEAN, BEACH & BOARDWALK. YOU’LL BE GREETED BY STATUESQUE FOUNTAIN W/CIRCULAR DRIVE. SOARING 3 STORY CATHEDRAL CEILING W/STAIR WELL. UPDATED HEATING SYSTEM. HOME IS BEING SOLD AS - IS...!!!

Last Agent to Sell the Property

Drew Fishman

COLDWELL BANKER ARGUS REAL ESTATE-Northfield License #SB-8430982 Listed on: 11/09/2020

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Last Buyer's Agent

Stephen Frankel

GRACE PROPERTIES License #RB-7813736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,146

Lot Details

  • Lot Dimensions are 109 x 95
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage

Home Design

  • Tudor Architecture
  • Wood Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,146

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Tudor
  • Lvt Date: 11/09/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: More Than 1, Built-In, Family Room
  • Flooring: Hardwood, Marble, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling
  • Bedrooms: 9
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: 6 Ft. Or More Head Room, Full

Exterior Features

  • Outside Features: Curbs, Patio, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Stucco, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage: Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Baseboard, Gas-Natural, Multi-Zoned, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 109 X 95
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
May 26, 2021
Sold by
Avalon Site Llc
Bought by
4601 Atlantic Holdings Llc
Seller's Agent
Drew Fishman
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Buyer's Agent
Stephen Frankel
GRACE PROPERTIES
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Current Estimated Value
$1,222,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,276
Avg. Annual Appreciation
17.36%
Original Mortgage
$446,250
Outstanding Balance
$407,527
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$761,747

Purchase Details

Closed on
Jul 30, 2020
Sold by
Bfm Group Llc and Bmf Group Llc
Bought by
Avalon Site Llc

Purchase Details

Closed on
Jul 23, 2020
Sold by
Bfm Group Llc
Bought by
Avalon Site Llc

Purchase Details

Closed on
Mar 5, 2004
Sold by
Topiol Beth Anne
Bought by
Bmf Group Llc

Purchase Details

Closed on
Aug 1, 2003
Sold by
Topiol Florence
Bought by
Topiol Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2000
Sold by
Topiol Beth Anne
Bought by
Topiol Beth Anne and Topiol Florence

Purchase Details

Closed on
Oct 30, 1998
Sold by
Lubik Scott Michael
Bought by
Topiol Beth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.65%

Purchase Details

Closed on
May 4, 1998
Sold by
Lubik Michael R and Wszolek Esq Dennis F
Bought by
Lubik Scott Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
12.95%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Lubik Michael R and Lubik Michael A
Bought by
Lubik Michael R and Wszolek Esq Dennis F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4601 Atlantic Holdings Llc $595,000 Title Company Of Jersey
Avalon Site Llc -- None Listed On Document
Avalon Site Llc -- None Available
Bmf Group Llc -- --
Topiol Beth -- --
Topiol Beth Anne -- The Title Company Of Jersey
Topiol Beth Anne -- --
Topiol Beth Anne $240,000 Congress Title Division
Lubik Scott Michael -- Fidelity National Title
Lubik Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4601 Atlantic Holdings Llc $446,250
Previous Owner Topiol Beth Anne $50,000
Previous Owner Topiol Beth Anne $209,000
Previous Owner Gallagher Daniel J $140,000
Previous Owner Topiol Beth Anne $192,000
Previous Owner Lubik Scott Michael $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $595,000 -4.8% $120 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $625,000 -- $126 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,146 $409,800 $121,100 $288,700
2023 $15,478 $409,800 $121,100 $288,700
2022 $15,478 $409,800 $121,100 $288,700
2021 $15,986 $409,800 $121,100 $288,700
2020 $16,122 $409,800 $121,100 $288,700
2019 $16,733 $420,000 $285,100 $134,900
2018 $14,839 $420,000 $285,100 $134,900
2017 $14,368 $420,000 $285,100 $134,900
2016 $41,043 $1,063,300 $285,100 $778,200
2015 $36,386 $1,063,300 $285,100 $778,200
2014 $35,599 $1,063,300 $285,100 $778,200
Source: Public Records

Agents Affiliated with this Home

  • Drew Fishman

    Seller's Agent in 2021

    Drew Fishman

    COLDWELL BANKER ARGUS REAL ESTATE-Northfield

    (609) 646-5001

    8 in this area

    47 Total Sales

    Section Image
  • Stephen Frankel

    Buyer's Agent in 2021

    Stephen Frankel

    GRACE PROPERTIES

    (609) 453-7352

    1 in this area

    1 Total Sale

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 544463

South Jersey Shore Regional MLS

APN: 02-00210-0000-00009

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

4601 Atlantic Ave, Atlantic City, NJ

This home is located at 4601 Atlantic Ave, Atlantic City, NJ 08401 since 09 November 2020 and is currently estimated at $1,222,276, approximately $246 per square foot. 4601 Atlantic Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and St. James Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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